Saturday, May 15, 2010


Herriman Saturday

Monday, November 11 1907 -- The Santa Fe Railroad is fined $330,000 for giving "rebates" (aka kickbacks) to an Arizona cement company. This was a widespread monopolistic practice that also earned John D. Rockefeller's Standard Oil Company a $29 million fine, the largest by far ever levied up to that time. See the New York Times archive for a contemporary news account.


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